205 Rye Lane, Peckham, London, SE15 4TP

Description

The property comprises a high yielding retail investment occupying a prominent high footfall pitch. Arranged across ground floor only, the property comprises a retail unit with a frontage to Rye Lane let to a Private Individual t/a Wang Jia Supermarket on a 15 year lease expiring 19.07.2027 and paying £24,000 per annum. We consider the property offers asset management potential via renewal of the lease and improvement of rent.

Accommodation

Ground floor only retail unit with frontage to Rye Lane.

Location

The property occupies a prominent pitch fronting Rye Lane, a high footfall street forming part of the principal retail amenity in Peckham. The area benefits from low levels of vacancy with Peckham Rye station approximately 0.2 miles to the north.

Tenure / Property Information

Investment Analysis

The £190,000 guide against the stated passing rent of £24,000 per annum implies a gross yield of approximately 12.63% before costs. The supplied sold comparables are principally flats/maisonettes, with one unrelated 'Other' leasehold sale, so they do not provide reliable direct evidence of this retail unit's market value or GDV. No supported retail investment valuation, capitalisation yield, buyer fees or refurbishment budget is provided.

Investment Snapshot

Strategy Recommendation

Consider only as an income-focused retail investment subject to verification of the occupational lease, tenant covenant, rent payment history and realistic renewal prospects. Do not rely on a refinance or resale strategy without a supported retail valuation.

Works Required

No physical works are evidenced. The main asset-management opportunity identified is negotiation of a lease renewal and potential rent improvement, subject to tenant, lease and market review.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because no supported GDV, refurbishment budget, finance costs or refinance valuation is provided. The lease expiry and lease-renewal position are central to any refinanceability assessment.

Buy-to-Let Analysis

At the £190,000 guide, the stated £24,000 annual rent produces a gross yield of approximately 12.63% before finance, taxes, legal costs, service charges and other ownership costs. This is based on the current passing rent, not an achieved market rent estimate. The lease is stated to expire on 19 July 2027, so income continuity and renewal terms require particular investigation.

Flip Analysis

A flip appraisal cannot be supported. No direct retail comparable evidence, GDV, refurbishment allowance, selling costs or resale assumptions are provided. The supplied residential and 'Other' comparables are not reliable evidence for this retail unit.

Investor Risks & Due Diligence

• The occupational lease is stated to expire on 19 July 2027, creating renewal and income-continuity risk.

• The occupier is a private individual trading as Wang Jia Supermarket; tenant covenant strength and payment history are not provided.

• Any rent increase or lease renewal is only described as potential and is not evidenced by a completed agreement.

• The supplied sold comparables are not directly comparable retail investment transactions.

• Buyer premiums, administration charges and other acquisition costs are not provided.

• EPC, building services, condition and detailed lease terms are not provided.

Recommendation

Consider only as an income-focused retail investment subject to verification of the occupational lease, tenant covenant, rent payment history and realistic renewal prospects. Do not rely on a refinance or resale strategy without a supported retail valuation.

Strategy Rating

Analysis Confidence

The passing rent, guide price, tenure, occupancy and lease expiry are supplied, but there is no direct retail valuation evidence, no fee schedule, no condition budget, no EPC or detailed lease information.